2017 Programme

Abe Cambridge: Solar Powering Africa using Bitcoin Smart Contracts

Galaxy Room March 3, 2017 10:45 am - 11:15 am

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Abraham Cambridge

Africa is the sunniest continent on earth and the least electrified. Globally, over $5 trillion has been pledged to be divested from fossil fuels into clean energy, so lack of funds is not the problem. The shortfall in investment into Africa is caused by concerns about corruption and ensuring an economically viable long-term revenue stream. The Sun Exchange is a market place that hosts top tier commercial grade solar projects open for funding to anyone in the world. Revenue generated from solar projects is distributed back to solar asset owners through their blockchain application ‘The Sun Exchange Bitcoin Payment Processor’ which enables a transparent revenue stream of solar powered money.